C-suite acronyms have become an in-group dialect all their own. Now, add another four-letter variant to the mix: CAIO — chief artificial intelligence officer.
C-suite acronyms have become an in-group dialect all their own. Now, add another four-letter variant to the mix: CAIO — chief artificial intelligence officer. The title has grown in popularity across all sectors at organizations like eBay, the U.S. Department of Defense and many more. "The most common problem I see is the expectations and responsibility that are put on the chief AI officer aren't matched with a commensurate degree of authority," said Elprin."Otherwise, there's just a figurehead being asked for advice, but they're not able to control their destiny."
Still, that lack of suitability is likely to evolve as AI becomes more integral across all types of organizations. Still, there must be some clear delineation between roles."When there are roles with overlapping decision areas, that leads to a little bit of friction and turnover," Mishra said. Identifying the division of labor between closely related C-suite roles — like the CAIO, chief information officer and chief technology officer, for example — does not mean using a hierarchical escalation process between executives, making this a thin line to walk.
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